Which of the following statements is (are)true regarding the calendar-year deductible used in most major medical policies?
I.Once the deductible is satisfied,no additional deductible is payable during the calendar year.
II.A carryover provision helps to avoid paying two deductibles in a short period of time.

Question

Quizplus · Accepted Answer

Statement I is true as once the deductible is satisfied, no additional deductible is payable during the calendar year. Statement II is also true as a carryover provision helps to avoid paying two deductibles in a short period of time. Therefore, both I and II are correct.

Which of the Following Statements Is (Are)true Regarding the Calendar-Year